Date: Wednesday 26 Sep 2012
LONDON (ShareCast) - Jog Dhody, the Chief Financial Officer of Regenersis, a consumer electronics repair specialist, bought a stake in the firm on Tuesday, opening his account on the same day it posted a 24 per cent rise in operating profits.
Dhogy, who joined the board in March of this year, purchased 155,987 shares - his only stake in the company - at 101.50p each, costing him a total of £158,327.
On Tuesday the group said revenue rose by 13% to £139.9m in the year to the end of June, with operating profit up 24% to £7.8m.
It now intends to recommence paying a dividend to shareholders, announcing a final dividend of 1.1p per ordinary share to be paid in December.
The firm added that the company was trading in line with market expectations and said opportunities for global growth, both organically and by acquisition, remained good.
The company's share price has rise over 40% in the past year, equal to around 32p.
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